Free CPCM Exam Braindumps
Certified Professional Contracts Manager (CPCM) Questions 26–30 (page: 7)

Updated On: 23-Feb-2026

Commercial products and commercial services from which reasonable prices can be established, is the suitability for which contract type?

  1. Firm-fixed price
  2. Firm-variable price
  3. Fixed-price incentive
  4. Price adjustment

Answer(s): A



Price can be adjusted on action of an industry-wide contingency that is beyond seller's control is a disadvantage of which contract type?

  1. Firm-fixed price
  2. Firm-variable price
  3. Cost-plus-Fixed-fee incentive
  4. Fixed-price with economic price adjustment

Answer(s): D



Allowable costs of contract performance are reimbursed, but not fee is paid is the advantage of cost reimbursement contract type.

  1. True
  2. False

Answer(s): A



Fee is expressed as percentage of estimated cost at time contract is awarded, is the advantage of:

  1. Cost-plus-award-fee
  2. Cost-plus-a-percentage-of-cost
  3. Cost-plus-fixed-fee incentive
  4. Cost-plus-fixed-incentive incentive

Answer(s): C



The uniform commercial code is a clear, precise document that uniformly and specifically governs all commercial transactions throughout the United States, it is a:

  1. Misconception
  2. Reality
  3. Hypothesis
  4. Practice

Answer(s): A



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